Sentences with phrase «for new offshore oil drilling»

Not exact matches

Additionally, it comes at a time when oil prices are on the rise, but stuck in a range that makes multibillion - dollar projects in new offshore areas unattractive for many drillers.

In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the fossil fuel economy (in coal and onshore and offshore drilling for oil and gas) and as a result of new infrastructure projects.

Expanding offshore drilling April 28 In the same executive order, Trump ordered the Department of the Interior to create a new five - year schedule for leasing blocks of the U.S. outer continental shelf for oil and gas exploration.

With the release of its master plan for offshore wind energy, New York State is doubling down on its commitment to renewable energy at a time when the Trump administration is moving to allow coastal drilling for oil and gas.

A new report from the National Academies of Sciences, Engineering, and Medicine identifies strategies for improving the reliability of bolts used in offshore oil and gas drilling rigs, thereby reducing the risk that a bolt failure could cause a spill of oil, drilling fluids, or natural gas into the environment.

It is appalling that while the federal government is pushing offshore oil drilling and mountaintop - removal coal mining, proposing to strip - mine shale oil and tar sands and to dramatically expand the production of high - level nuclear waste, they have declared a two - year moratorium on new solar electric power plants on public lands — which have some of the best solar energy resources in the world — for «environmental reasons».

For example, an «energy security fee» of $ 3.50 per barrel of imported oil would raise approximately $ 15 billion annually; reduced fossil fuel subsidies as proposed by the administration could generate upwards of $ 35 billion over ten years; a utilities electricity fee could raise at least $ 2 billion annually, as included in the Kerry - Lieberman American Power Act; and royalties on new offshore continental shelf drilling could raise more than $ 100 billion over twenty years.

However, offshore drilling in new areas won't deliver a drop of oil for ten years, according to numbers cited by the Bush administration last year.

In January 2018, the federal government threatened New York's coastline with its Outer Continental Shelf Oil and Gas Program for 2019 - 2024, proposing to make more than 90 percent of the total offshore acreage in the United States available to oil and gas drilliOil and Gas Program for 2019 - 2024, proposing to make more than 90 percent of the total offshore acreage in the United States available to oil and gas drillioil and gas drilling.

WASHINGTON, D.C. — A new offshore oil and gas plan from the U.S. Department of the Interior blocks two drilling leases in the Arctic, but allows a new lease in Alaska's Cook Inlet and 10 new leases in the Gulf of Mexico over the next five years — a step that will worsen climate change by ensuring significant greenhouse gas pollution for the next 70 years.

While we are pleased that the coastal waters off the west coast will not see any new offshore oil drilling (for the time being), we view this as simply maintaining the status quo that has been afforded us for the last 30 years.

TRENTON, N.J. (AP)-- New Jersey is prepared to thwart President Trump's plan for offshore oil and gas drilling by enacting a ban on such activ...

Jan 4, 2018 — The Trump administration has just announced that it would open up vast new stretches of federal waters for offshore oil and gas drilling off the Arctic, Pacific and Atlantic coasts.

Hoping to use oil as a bargaining chip to win votes for climate legislation in Congress, Obama unveiled an aggressive push for new offshore drilling in the Arctic, the Southeastern seaboard and new waters in the Gulf, closer to Florida than ever before.

Let's say we shut down and decommissioned coal mines and coal - fired power plants, stopped new offshore drilling for oil and gas plus the development of shale oil and gas, moved away from nuclear power as too risky, spent trillions to subsidize non-viable windmills and solar panels to squeak by in avoiding a total blackout by imposing exorbitant taxes on energy in order to force people to cut back its use.

Today's new offshore drilling plan reveals, once again, that Trump's energy strategy entails little more than smoothing the road for Big Oil to to get whatever they want.

Some small measure of sanity... BBC News, CNN, and others are reporting that President Obama will extend a ban on new deepwater offshore oil drilling for six months, while the causes of the BP oil spill are investigated.

Given how little interest there is for any new oil and gas drilling off the coasts of America, offshore wind is becoming the new source of energy that stands above all.

He includes nuclear energy, and insists on permitting more offshore drilling for oil and gas to give us more domestic sources, as we bridge to a new clean energy economy.